Microsoft Consolidates After Earnings Results Out?
@JC888:
$Microsoft(MSFT)$ has announced its quarterly earnings (Q4 2023) on Tue, 25 Jul 2023 after market closed. Incidentally, it was the same day that $Alphabet(GOOG)$ released their Q2 2023 earnings as well; also after market closed. As a result, it was inevitable that analysts put these 2 Mega cap companies’ results side-by-side and performed apple-to-apple comparisons: especially in overlapping areas of businesses. Namely - (a) clouding computing and (b) artificial intelligence; the “hype” that got Nasdaq all hot & sizzling again. More about this later. Microsoft Q4 2023 earnings in details: Revenue: $56.19 billion, vs. $55.47 billion as expected by Refinitiv. Operating Income: $24.25 billion; that’s a +